Archive for the Credit scores Category

Common questions about credit ratings and closing accounts, credit card usage and boosting ratings Q: I’m currently unemployed and unmarried. Do these facts impact my credit scores? A: No. Neither of these facts affects your scores. Also, your scores are not affected by the number of dependents you have, retirement, debt-to-income ratio, number of years… Read More »

Cut through the misinformation about credit ratings Q: What’s the difference between a credit report and a credit score? A: A credit report contains information that creditors provide to a credit bureau; it details how you have handled your past and current financial obligations. A credit bureau collects data from creditors 24/7, but does not… Read More »

The Columbus Dispatch reported significant errors of credit agencies combining the credit history of other people, usually family members or others with similar names, that have bad credit. Bad credit and other bad information on the reports prevents people from obtaining all sorts of loans, such as for cars or from their home equity. Bad credit… Read More »